The Mediterranean Shipping Company (MSC) Nigeria Limited has been dragged to the Federal High Court sitting in Lagos over allegations bordering on the loss of cargo. The shipping company was sued ...

The Federal Government says it has commenced sales of crude oil and other refined products in naira since October 1, 2024.

President Bola Ahmed Tinubu emphasised the crucial role of Small and Medium Enterprises (SMEs) in unlocking Nigeria’s economic potential during the 2024 National Conference on Micro Small and Medium ...

The naira rose slightly versus the US dollar on October 3, 2024, closing at N1,659.26 in the official Investor and Exporter (I&E) window, despite increased market activity. In an effort to draw $5 to ...

About 10 African currencies have emerged as the continent's strongest against the US dollar, while the Nigerian currency, the ...

The naira struck a fresh low against the dollar in the last two as businesses in Nigeria sought to reduce their exposure to the US currency amid expectations the local unit will continue to suffer, ...

In a major shift aimed at reforming the Nigerian Foreign Exchange Market (NFEM), the Central Bank of Nigeria (CBN) has announced the introduction of the Electronic Foreign Exchange Matching System ...

The Nigerian naira saw a slight recovery on Thursday, October 3, 2024, as dollar supply in the official market surged ...

The report also said that in recent months, the cost of healthy diet had risen faster than general inflation and food ...

Basketmouth stressed that the idea of Nigeria getting better is a pipe dream. He speculated that the government might have planned these economic ...